If your company has more than one Shareholder you should consider entering into a Shareholders’ Agreement. A Shareholders’ Agreement can provide clarity as to what will happen in certain circumstances and can help avoid drawn out and expensive disputes in the future.
Shareholders Agreements can cover a wide range of issues such as:
- Decision making
- Appointment of Directors
- Dividend policy
- Share dealing
- What happens on the death or insolvency of a shareholder
- Aims of the company
- Dispute resolution
Shareholders are free to negotiate terms as they see fit and by recording the agreed terms in a Shareholders’ Agreement the parties establish the ground rules by which they can assert their rights as shareholders. Ultimately, this can prevent disputes from disrupting the governance of the company.
We understand how worrying legal costs can be so we have a range of payment options available to suit your budget and needs. For many of our services we offer fixed fee packages alongside our traditional fee system and we will help you decide which option is right for you.